European Grocery Retail Reports

Conad’s largest co-operative Pac 2000A has founded a company aimed at supporting Conad merchants to sell groceries online, Italian magazine GDO Week writes. The company called Eurecart was formed through a partnership with IT specialist Intema.

In an attempt to achieve better buying conditions, buying group Agecore reportedly considers delisting 160 items from Nestlé. Agecore is said to promises an increased amount of more effective campaigns across Europe in exchange for improved conditions.

Intermarché has introduced the Italian specialities line ‘Creazioni D’Italia’ in its stores in France, the French newspaper Lineaires writes. The label is sourced by the Italian retailer Conad on behalf of its fellow buying group members at Alidis, as well as for other foreign retailers.

Coop Italia increased its grocery turnover by 0.2% to EUR13.1bn in 2016. This can be compared with Conad’s growth of 1.6% in the same year and the fierce rival’s aim to grow 4.7% annually over the next three years.

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